Film Bazaar Online 2020 | UPSC

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Film Bazaar Online 2020 | UPSC

Film Bazaar Online 2020 | UPSC

      HEADLINES:

NFDC Film Bazaar Online 2020 postponed to 16 – 21 January 2021, alongside the 51st IFFI

      WHY IN NEWS:

The 14th edition of NFDC Film Bazaar Online 2020 has been postponed to 16th – 21st January, 2021.

MINISTRY? :- Ministry of Information & Broadcasting
SYLLABUS COVERED: GS 1 : Indian Cinema

      LEARNING: 

For PRELIMS go through this event carefully . UPSC never forgets the event which are scheduled further . Such events have a high probability in Prelims Exam !

For MAINS this article will boost your knowledge about film making . Let us dive in !

      ISSUE: 

The change in dates has been made in line with International Film Festival of India (IFFI) to 16 to 24 January 2021 which was scheduled to be held from 20 to 28 November in Goa.

NFDC FILM BAZAAR ONLINE 2020

  • This NFDC Film Bazaar will be held in a hybrid format which will be both offline and online.

Film Bazaar is the largest South Asian film market.

  • The Film Bazaar will be held virtually but it will include all sections usually held in previous editions.

AIM

It encourages creative and financial collaboration between the South Asian and International film communities.

  • Film Bazaar has evolved into South Asia’s Global Film Market from its humble beginnings in 2007.

ORGANISERS

The event is created and organized by the National Film Development Corporation (NFDC) 

  • Every edition witnesses increased national and international participation.

Film Bazaar Online 2020 | UPSC

SIGNIFICANCE

  • Over the course of five days, Film Bazaar becomes a converging point for film buyers and sellers from all over the world.

The focus is on discovering, supporting and showcasing South Asian content and talent in filmmaking, production and distribution.

  • The Bazaar also facilitates the sales of world cinema in the South Asian region.
  • Film Bazaar is held every year at the Marriott Resort, Goa, India, between 20th and 24th November.
  • In light of the COVID-19 pandemic, NFDC Film Bazaar 2020 will be held online from January 16-21st, 2021.

SALIENT FEATURES OF FILM BAZAAR

INDUSTRY SCREENINGS

  • Industry screenings are held in three digital theatres equipped with optimized screens and improved sound system.

The section gives producers an opportunity to showcase their films to the attending Buyers, Sales. 

  • Films are screened in Digital formats only, and bookings are made on first-come, first-served basis.

EXHIBITION STALLS

  • The exhibiting organizations are given strategic spots to promote their services and attract attending industry professionals.
  • The stalls allow the exhibitors to strengthen relationships and synergize their business with potential partners.

BRANDING OPPORTUNITIES

  • Film Bazaar offers branding avenues for promoting, marketing and enhancing the visibility of attending organisations in South Asia’s global film market.

Opportunities like advertisements in the Market Guide and Market Dailies to signpost advertising like Branding Pillars etc 

  • Film Bazaar presents opportunities to maximize market exposure.

WORK-IN-PROGRESS LAB

  • The Work-in-Progress Lab gives selected filmmakers a chance to screen the rough cut of their film to an eminent panel of international advisors.

The panel may include a film festival director, producers, world sales agent and an editor. 

  • These advisors provide valuable feedback on the edit with aim of helping the filmmaker achieve an accomplished final cut of the film.
  • The Work-in-Progress Lab is open only for Fiction Features aiming for a theatrical release.
  • A maximum of five films are selected for this Lab.

      IASbhai WINDUP: 

ABOUT NFDC

  • National Film Development Corporation of India is the central agency established to encourage the good cinema movement in the country.

The primary goal of the NFDC is to plan, promote and organize an integrated the Indian film industry and foster excellence in cinema.

  • Over the years NFDC has provided a wide range of services essential to the growth of Indian cinema.
  • The NFDC (and its predecessor the Film Finance Corporation) has so far funded / produced over 300 films.
  • These films, in various Indian languages, have been widely acclaimed and have won many national and international awards.
SUGGESTED READING : www.filmbazaarindia.com 
     SOURCES: PIB | Film Bazaar Online 2020 | UPSC

DISCOVER MORE : GS-1

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